TITLE

Big Three: Another Year, Another Decline, But Are Things Looking Up?

PUB. DATE
April 2009
SOURCE
Book Publishing Report;Apr2009, Vol. 34 Issue 4, p8
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the sales performance of publishers Borders, Barnes & Noble Inc., and Books-A-Million Inc. in the U.S. in 2009. The net sales of these publishers reached an average of 961.1 million dollars, while their net income decreased to an average of 52.1 million dollars. Borders features debt reduction by 217.8 million dollars. Barnes & Noble predicts its comparable store sales to decrease between 6% and 9%. Books-A-Million saw management change before its earning announcement.
ACCESSION #
58657272

 

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